Bitcoin

The HAWK <a href="https://cryptotale.org/trump-themed-memecoins-plunge-after-election-rally-report/" rel="noopener noreferrer nofollow">memecoin</a> created by Haliey Welch has been controversial after its price plummeted by more than 90% in a few hours. The crash has elicited insider trading and market manipulation claims, shocking investors. The HAWK went live on December 4 at 10 PM UTC. Within a few hours, the token spiked by more than 900%, and its market capitalization reached $490 million.Price Crash and FalloutAccording to data from DEXScreener, HAWK’s price at the start was $0.005492; at its peak, it reached $0.04916 before a decline. The analysis of on-chain data showed that several early investors, so-called ‘snipers,’ earned more than 135 million HAWK tokens selling them. One trader was said to have earned a profit of $1.3 million from a single trade.<a href="https://cryptotale.org/hawk-memecoin-falls-91-amid-insider-trading-allegations/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

HAWK Memecoin Falls 91% Amid Insider Trading Allegations

CryptoTale

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